Hsbc Holdings PLC Makes New Investment in Fair Isaac Corporation $FICO

Hsbc Holdings PLC purchased a new position in shares of Fair Isaac Corporation (NYSE:FICO) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 42,291 shares of the technology company’s stock, valued at approximately $50,455,000. Hsbc Holdings PLC owned about 0.20% of Fair Isaac as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FICO. Bayban bought a new position in shares of Fair Isaac during the 4th quarter worth about $25,000. Torren Management LLC acquired a new stake in Fair Isaac during the fourth quarter worth about $30,000. Rakuten Securities Inc. increased its stake in Fair Isaac by 100.0% during the second quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock valued at $44,000 after acquiring an additional 12 shares during the period. Elyxium Wealth LLC bought a new position in Fair Isaac during the fourth quarter valued at about $42,000. Finally, Keating Financial Advisory Services Inc. acquired a new position in Fair Isaac in the 2nd quarter valued at approximately $30,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. UBS Group reduced their price objective on Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating for the company in a research report on Wednesday, August 12th. Barclays lowered their price objective on Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating on the stock in a research report on Monday, August 10th. JPMorgan Chase & Co. reduced their target price on Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Needham & Company LLC reiterated a “buy” rating and set a $1,650.00 price target on shares of Fair Isaac in a research note on Thursday, July 30th. Finally, Bank of America lowered their price target on shares of Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. Eleven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,553.69.

Insider Activity

In other news, Director Eva Manolis sold 967 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the sale, the director owned 498 shares in the company, valued at approximately $697,200. The trade was a 66.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.02% of the company’s stock.

Fair Isaac Trading Down 0.4%

FICO stock opened at $1,132.75 on Thursday. Fair Isaac Corporation has a 1-year low of $870.01 and a 1-year high of $1,998.01. The business’s 50 day moving average is $1,172.07 and its 200-day moving average is $1,177.39. The firm has a market cap of $24.47 billion, a P/E ratio of 32.72, a P/E/G ratio of 1.02 and a beta of 1.30.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, beating the consensus estimate of $11.76 by $0.42. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%.The business had revenue of $674.19 million for the quarter, compared to analyst estimates of $679.17 million. During the same quarter in the previous year, the firm earned $8.57 EPS. Fair Isaac’s quarterly revenue was up 25.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Sell-side analysts forecast that Fair Isaac Corporation will post 37.37 EPS for the current year.

Fair Isaac Profile

Fair Isaac Corporation, commonly known as FICO, is a data analytics and software company best known for its FICO Score, a widely used credit-scoring system that helps lenders assess consumer credit risk. Founded in 1956 by Bill Fair and Earl Isaac, the company has evolved from its origins in statistical credit scoring to a broader focus on predictive analytics, decision management and artificial intelligence-driven solutions for financial services and other industries. FICO is headquartered in San Jose, California, and operates globally, serving clients across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region.

FICO’s product portfolio centers on analytics and decisioning technologies.